7139 S Durango Dr UNIT 314Spring ValleyNV89113
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Spring Valley at 7139 S Durango Dr UNIT 314, Spring Valley, NV, 89113 offers a 8.76% rental yield on a $289,900 purchase with $2,117/mo rent. Total monthly income registers $2,117/mo, and a $1,419/mo payment leaves $442/mo available for distribution. Annual cash flow reaches $5,303/yr on $96,102 to close, and return on cash invested stands at 25.43% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 131.88% and total cumulative return in cash at $126,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,117/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89113, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,756 (100%) |
| Owner Occupied HU | 9,616 (54.2%) |
| Renter Occupied HU | 6,807 (38.3%) |
| Vacant Housing Units | 1,333 ( 7.5%) |
| Median Home Value | $539,895 |
| Average Home Value | $591,311 |
Housing Distribution
Address Breakdown
Residential
18,034
Single Family
12,593
Multi-Family
5,441
Businesses
1,070
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Listed by: Ernesto O. Bendicion • Landbank Realty
Mls Name: LVR
Mls ID: #2740110